Tag: SelfResilience

China Creates $47.5 Billion Chip Fund to Fuel Self-Resilience

(Bloomberg) — China has set up the country’s largest-ever semiconductor investment fund to propel development of the domestic chip industry, the latest effort from Beijing to achieve self-sufficiency as the US seeks to restrict its growth. Most Read from Bloomberg The third phase of National Integrated Circuit Industry Investment Fund has amassed 344 billion yuan […]